Hyatt House Hotel Outlot - Development Opportunity
Spaces
Retail Land Outlot Development Site for Lease | Single tenant
Building description
The subject property is an out parcel available for sale or lease on the newly built Hyatt House Hotel in Oakbrook, IL, in the County of DuPage. The property features 45 parking spaces and available monument and building signage facing 22nd Street. The parcel is located 1.5 miles east of Oakbrook Center and is at the entrance to the Windsor Business Park, a 3.7M square foot commercial development. The entrance to the park opens at the subject site. Historically low DuPage County property taxes offer a huge advantage compared to neighboring counties like Cook. Coupled with this high visibility and highly trafficked location, this is an ideal spot for a restaurant, coffee/deli, or retail services.
Oak Brook is an affluent village located just 19 miles west of downtown Chicago and minutes from O'Hare International Airport. A 2010 census showed a population of just under 8,000 people with a very comfortable median household income of just over $150,000 and a median home value of well over $700,000. While the full-time population is low, the daytime population is significantly higher at 82,285. This is because Oak Brook, along with is prestigious neighbors such as Oakbrook Terrace, Downers Grove and Naperville, are known as a major commercial hub in Northern Illinois.
Building highlights
Hyatt House Hotel Outlot Available for Sale or Lease
3.7M Square Feet within 1 Mile Radius
Located Across from Blistex, Tyco Integrated Security, Integrated Merchandising Systems, Hub Group & People's Home Equity
1.5 Miles East of Oakbrook Center
Drive-Thru Capabilities
Monument Signage Available
Listing Contacts
Property History
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